Network Function Virtualization Market Demand, Insights and Forecast by 2029
Data Bridge Market Research analyses that the network function virtualization market value, which was USD 16.88 billion in 2021, is expected to reach the value of USD 100.58 billion by 2029, at a CAGR of 25.00% during the forecast period 2022-2029.
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Market Definition
The network function virtualization is a cloud based
technological service that is used to manage the digital databases and keep and
inventory of the same. Network function virtualization (NFV) is a mixture of
hardware and software network which
deals in virtual network. It
contributes in optimizing the networks and operations.
Global Network
Function Virtualization Market Scope
The network function virtualization market is segmented on
the basis of components, virtualized network functions, application, enterprise
size. The growth amongst these segments will help you analyze meagre growth
segments in the industries and provide the users with a valuable market
overview and market insights to help them make strategic decisions for
identifying core market applications.
Components
Solutions
Orchestration and Automation
Services
Virtualized Network Functions
Compute
Storage
Network
Applications
Virtual Appliance
Core Network
Enterprise Size
SMEs
Large enterprises
Network Function
Virtualization Market Regional Analysis/Insights
The network
function virtualization market is analyzed and market size insights and
trends are provided by country, component, organization size and end user
industry as referenced above.
The countries covered in the network function
virtualization market report are U.S.,
Canada and Mexico in North America, Germany, France, U.K., Netherlands,
Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe,
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and
Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and
Rest of South America as part of South America.
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